As of 2025-09-16, the Relative Valuation of Electrovaya Inc (ELVA.TO) is 0.43 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 8.13 CAD, the upside of Electrovaya Inc based on Relative Valuation is -94.7%.
The range of the Relative Valuation is 0.03 - 0.86 CAD.
| Range | Selected | |
| Trailing P/E multiples | 18.8x - 20.7x | 19.8x |
| Forward P/E multiples | 16.8x - 18.7x | 17.8x |
| Fair Price | 0.03 - 0.86 | 0.43 |
| Upside | -99.6% - -89.4% | -94.7% |
| Date | P/E |
| 2025-09-15 | 280.54 |
| 2025-09-12 | 271.52 |
| 2025-09-11 | 274.86 |
| 2025-09-10 | 268.51 |
| 2025-09-09 | 272.52 |
| 2025-09-08 | 269.18 |
| 2025-09-05 | 285.21 |
| 2025-09-04 | 293.56 |
| 2025-09-03 | 291.89 |
| 2025-09-02 | 264.84 |
| 2025-08-29 | 279.20 |
| 2025-08-28 | 275.53 |
| 2025-08-27 | 252.48 |
| 2025-08-26 | 252.15 |
| 2025-08-25 | 242.46 |
| 2025-08-22 | 217.75 |
| 2025-08-21 | 210.74 |
| 2025-08-20 | 213.41 |
| 2025-08-19 | 221.76 |
| 2025-08-18 | 221.76 |
| 2025-08-15 | 216.41 |
| 2025-08-14 | 212.41 |
| 2025-08-13 | 226.10 |
| 2025-08-12 | 231.11 |
| 2025-08-11 | 217.42 |
| 2025-08-08 | 218.75 |
| 2025-08-07 | 215.41 |
| 2025-08-06 | 213.74 |
| 2025-08-05 | 221.42 |
| 2025-08-01 | 223.76 |
| 2025-07-31 | 222.43 |
| 2025-07-30 | 218.42 |
| 2025-07-29 | 229.44 |
| 2025-07-28 | 206.73 |
| 2025-07-25 | 205.73 |
| 2025-07-24 | 213.74 |
| 2025-07-23 | 212.74 |
| 2025-07-22 | 175.67 |
| 2025-07-21 | 173.33 |
| 2025-07-18 | 170.33 |
| 2025-07-17 | 172.66 |
| 2025-07-16 | 176.00 |
| 2025-07-15 | 178.01 |
| 2025-07-14 | 173.00 |
| 2025-07-11 | 173.67 |
| 2025-07-10 | 173.33 |
| 2025-07-09 | 161.98 |
| 2025-07-08 | 156.30 |
| 2025-07-07 | 142.61 |
| 2025-07-04 | 147.62 |